July 3, 2025 • 33 mins
In Hour 2 of the Clay Travis and Buck Sexton Show, guest host Brian Mudd covers the ongoing congressional drama surrounding President Trump's "Big Beautiful Bill" (BBB) legislation. Mudd speaks with Congressman Jimmy Patronis from Florida, who expresses frustration over House Minority Leader Hakeem Jeffries' record-breaking "magic minute" speech that has delayed the vote. Patronis describes the speech as "a colossal waste of time" and "ridiculous," noting that Jeffries appears to be attempting to break Kevin McCarthy's record for the longest continuous floor speech.
The conversation shifts to the fiscal conservative perspective on the bill, with Mudd questioning Patronis about concerns regarding federal debt and deficit implications. Despite some controversial elements like allowing certain illegal immigrants access to Medicaid, Patronis indicates he will vote in favor of the legislation.
Hour 2 also features discussion about recent trade developments under the Trump administration, including a new Vietnam trade deal and the UK trade deal that took effect earlier in the week. Mudd promises listeners a detailed breakdown of how the BBB legislation will financially impact average American families and taxpayers, emphasizing that "the round trip impact of this bill is so much more than the average person begins to understand." Throughout the hour, Mudd provides updates on Jeffries' ongoing speech, noting that even Democrats appear to be growing impatient as they stand nearby while he continues speaking.
Make sure you never miss a second of the show by subscribing to the Clay Travis & Buck Sexton show podcast wherever you get your podcasts! ihr.fm/3InlkL8
For the latest updates from Clay & Buck, visit our website https://www.clayandbuck.com/
Connect with Clay Travis and Buck Sexton:
FB - https://www.facebook.com/ClayandBuck/
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
This bill.
Speaker 2 (00:01):
Over the next year, we are going to see growth
like we have not seen. And importantly, it is going
to be non inflationary growth, which is something that Democrats
couldn't do.
Speaker 3 (00:14):
Treasury Secretary of Scott Basset, he was on with Murray
Brock Tromo Bock's business this morning.
Speaker 4 (00:20):
And we are going to unleash growth.
Speaker 3 (00:23):
We are already seeing the lowest inflation we've had since
basically Trump was last president. And yeah, we are going
to see in time for independence, say a big beautiful
bill on President Trump's desk, or at least the act
that was previously known as the BBB as soon as
Hakeem Jeffries gets done doing his thing, his sparty impersonation
(00:44):
right now. He was apparently motivated by Corey Booker and
he is making his last stand. And somebody who's joining us,
Brian Mudd in for Clay and Buck. Somebody who's joining
us has been entertained by today's festivities. I'm sure Congressman
Jimmy Patrona is joining us now. Jemmy, how's it been
taking in the festivities with haikm today?
Speaker 5 (01:08):
I would rather have root canals without any Nova Kane.
This has been the biggest, colossal waste of time. We
are delaying savings and benefits to the American taxpayer right
now with ridiculous you know, shows like this right now.
Hakeem has been up there now since three point thirty
(01:28):
in the morning. We've all been awake watching this, and
it's all because he wants to break Kevin McCarthy's record
for speaking the longest on the flour NonStop. This is
this is the type of red like the Congress.
Speaker 3 (01:42):
Hey, Jeffy, you were saying that it looks like it's
it's about to come to close right around one thirty.
Speaker 5 (01:48):
Yeah, that's that's what That's what we're anticipating. But who
he's going to go And look, I didn't mean to
go off on you just like that, but Brian, you're
you're my pal, and I think I can be canned
with you and in the public doesn't deserve this type
of ridiculousness.
Speaker 3 (02:05):
Now, you're you're I think right on point. I think
he kind of captured the field of the thing.
Speaker 5 (02:09):
You know.
Speaker 3 (02:09):
The only thing I'm impressed by is just the lack
of a need for a bathroom break. You know, I
could stand up there and throw my arms a ran
rave two. But you know it's it's impressive. I don't
know if he did the fasting thing like Sparti did
in the Senate, but you know, you got to get
the guy credit at least for not needing to make
a pit stopper too.
Speaker 5 (02:25):
Well, I tell you, he does not look good from
the time he has started at the time he is now.
You can see he keeps on patent himself. He does
not look good. He looks pale. So anyway, I'm sure
he's tired, you know, good for him. I have no
idea what he's been talking about.
Speaker 3 (02:45):
All right, Jimmy, So a couple of things. First about
Jimmy Patron is he He is a congressman from Florida.
He took over the Matt Gates seat in the special
election recently, uh previous that was Florida's CFO. And Jimmy,
the reason I wanted to talk to you today. You
(03:06):
got a lot of us that are fiscal conservatives. You
got a lot of us that take a look at debt,
the federal deficit, the federal debt, and we're like, you
know what, the BBB doesn't look like such a beautiful
thing when you see some of these projections, and even
if the CBO stuff doesn't factor in enough growth, what
have you. I mean, he's still kind of hard to
get from here to there and feel good about it.
From a fiscal conservative perspective, I mean, tax stuff is awesome,
(03:30):
you know, takeing care of border and all the illegal
immigration nonsense.
Speaker 4 (03:34):
I mean, so much good in here.
Speaker 3 (03:36):
But I mean when we do still have a bill
that has you know, illegal immigrants, criminal illegal immigrants being
able to get access to medicaid, I mean, you do
kind of scratch your head with some of this stuff.
Speaker 4 (03:46):
So what I want you to be able to do.
Speaker 3 (03:49):
Is, from the perspective, put yourself back in your old shoes.
I know you're getting ready to vote in favor of
the act here momentarily, but I want you to put
yourself back in your cf poshoes of the third largest
day in the country that has a balanced budget. As
someone who I know is is deeply convicted as a
fiscal conservative, and I want you to tell us why
(04:14):
you're voting for this and also why those of us
who are physical conservatives that are concerned maybe shouldn't.
Speaker 5 (04:20):
Be so the one and I think it's probably the
ones that are the easiest for people to understand, whether
we talk about the no tax on tips or the
no tax from overtime. Now, that may not necessarily affect
some of your listeners because maybe they're in a salary position,
But as somebody who's coming out of the service industry,
(04:41):
and I think about how in the state of the
affoord of how big of a service driven market that
we are. Now you're basically giving probably the biggest tax
break in the history of America to that middle class
that has never seen that type of ability to keep
their own money in their pocket and spend it. Also,
(05:02):
it's that particular class of individual that has been hurt
the most by the increase in inflation. So I truly
think the presidents he was on the campaign trail, he
heard the struggles that people were having in the service industry,
and oh gosh, why not let's make no tax on tips.
So it became a little bit of a novelty. I mean, look,
(05:24):
it's almost like a little bit of a one off
over some of the other messing that the President's got.
He keeps his message pretty simple, so the average person
can understand. So those two issues, look, you can't bring
them out of the ground without having the ability to
pay for it, because it's got to get started before
it takes through. The President's so passionate about getting this
(05:46):
bill signed as soon as possible because he learned last
time with the Trump tax cuts, they signed them too late.
And most people, if they reflect on how prosperous our
country was in twenty nineteen, team the President wants to
get back to those days. Unfortunately, now we're fighting with
this new inflation, it's new cost of business that we
(06:08):
inherited from the Biden administration over the last four years.
So you know, I'm giving my trust to the President
on what he sees as an opportunity to just really
supercharge money back into the wallet of that middle class.
Speaker 3 (06:24):
So am I to take you then that you know
the whole deat and deficit thing, you're on the tact
that you.
Speaker 4 (06:31):
Believe we're going to grow our way out of this.
Speaker 5 (06:35):
Part of it will be growth. Now here's the other thing.
So you know, there's been a lot of hard feelings
towards the CBO and how this has been scored and
how far off and how wrong they were with the
last Trump tax cuts. In the conservative nature of why
they feel that the debt ceiling is needed to be
(06:56):
increased in order to accommodate this. So we really feel
like there's gonna be some consistency in their bad predictions
that are going to ultimately reflect to the good of
the bottom line of the American taxpayer. Like I'm not,
I'm not thrilled with it, but you know, as as
i'm I'm a believer that what Mike Johnson is telling
(07:17):
us what our plans are between now, it's it's a
four year plan to try to do what we want
to do under the Trump administration, to get to the
balanced budget that we want to get to. You know,
this these priorities of the president right now, then we
put into motion first in order to get our economy
back where it should be.
Speaker 3 (07:36):
All right, So Jimmy kind of walk us through this
past day. You know, we had members of the House
Freedom Caucus they're like, no way, you know, coming out
of the Senate, absolutely no way.
Speaker 4 (07:45):
You take a look at.
Speaker 3 (07:47):
You know, there having been one vote that that passed
this thing out of the House in the first place,
and and then you know what what was being said
coming back the other way. So what is your understanding
of what went down the White House yesterday.
Speaker 4 (07:59):
What was said with the president.
Speaker 3 (08:01):
What has theoretically made this difference that we are on
the precipice passing this.
Speaker 5 (08:07):
Well, I think part of it was is Thomas Massey
pleading to the President saying, look, I'll vote for this
thing if you stop beating up on me. I mean,
so you definitely you've got a number. It's a rule
of numbers, you know, Brian. You know if you got
one hundred people in the room that you're going to
be ten percent of them are're gonna be all about themselves.
And so as you get these members of Congress who
(08:30):
you know, have a base that they cater to, and
this is the way they communicate to them. This is
how they community consume their news. You know. Part of
it is is taking these positions that are contrary, which
some of which have some merit to them. But you know,
you can't go and kill this bill with what the
(08:50):
Trump tax cuts alone mean to small businesses and being
able to allow the taxpayer to keep their money. We
don't want to increase taxes on people. Think this build
does You're increasing tax on people? You know, these guys
had to come to their senses. But it was crazy.
I mean, we didn't get them all on board till
three o'clock in the morning, you know, I mean really,
(09:11):
I mean, you knew you were going to get here.
But you know, we're gonna, you know, try to do
as much social media and TV as we possibly can
to drum up as much attention for ourselves to ultimately
get to the place where we knew we were going
to get all along. So it's you know, it's it's
just part of how things roll up here sometimes.
Speaker 4 (09:30):
So Massy, uh, Massy literally went pleading to the president.
Speaker 5 (09:34):
Huh, that's what I was told, So I or that
it was a conversation that took place. And look, you know,
I'll come around if you just stop beating up on me.
And look, this was the president of the President can
repose as good as anybody. And I'm sorry the American
public wants his campaign promises completed. You know, there's some
(09:58):
things of the bill that probably, you know, like you
said earlier, with regarding the increase of the debt sell
they're going to have those detractors that I'm not thrilled
about it, but this is a pathway to get what
the president promised on the campaign trail, and man, I
get excited about man the cop, the firefighter. Now they're
not going to have to pay taxes on their overtime.
(10:19):
You know, these are the same guys that you know
are going to come show up for our house when
you down nine one one you've got an emergency. These
are the same guys, two of which just got gunned
down out on the West coast. You know, respondence, I mean,
these people put their lives on the line. You know,
I have no problem at all letting them be exempt
from you know, income tax or taxes on their overtime.
Speaker 3 (10:40):
All right, Jrevin, good stuff. So any doubt about how
this vote goes down just a little bit.
Speaker 5 (10:45):
No, Look, I think we're gonna have some anxiety. At
least we're going to be voting during daylight hours. But look,
last night we had members that went back to their districts.
So that's anothering that dragged things. We had actually went
out and they were hiding because they didn't want to
face the music on dealing with arguing their position on
(11:07):
this legislation. So I mean, yeah, look, if you don't
like making tough decisions, man, you probably shouldn't have put
your name on the ballot. So you know, time is
the most precious thing we got and we have wasted
an enormous amount of it with foolishness over the last
seventy two hours.
Speaker 4 (11:23):
You know, memory serves here.
Speaker 3 (11:25):
You are Clay's congressman, at least, you know, part time
congressman right his home and the Panhandle where he is
right now.
Speaker 4 (11:33):
Actually I'm sorry which one, Clay? Yeah, no, you're got
you're I think.
Speaker 5 (11:40):
Yeah, he's there right now. You know what, I hope
he's spending an enormous amount of money in Northwest Florida
enjoying the world's most beautiful beaches. And yeah, he did
a hill on TV the other day and he was
gushing about, you know, enjoying the Panhandle while we were
up here facing the monsoons. So yeah, he'll actually he goes.
(12:00):
He used to go into the old iHeart station that
I was in for a while when he did a
show remotely up there.
Speaker 4 (12:06):
Good stuff, Yeah, no doubt.
Speaker 3 (12:09):
And a much better representation that Clay has than May
I have. Unfortunately, the same House representation that the President does,
which is Lois Frankel.
Speaker 4 (12:19):
Nobody wins in that deal, you know.
Speaker 5 (12:21):
But you're it is so cool to note that I'm
talking to you and you're doing fill in on Clay
and Bucks show. I mean, that just shows you where
you have taken your career and how effective you are
communicating what's important to the listeners. So I mean, and
you think about important that family of listeners is, and
for them to entrust you with their listeners, God bless you, dude,
(12:45):
that's a heck of a damn accomplishment. I'm proud to
call your friend.
Speaker 4 (12:49):
Well, God bless you.
Speaker 3 (12:51):
I've lived a career on the periphery people far more
impressive than myself. So anyway, Jimmy, God bless You'll look
forward to the vote. Talk to you soon, see buddy,
take care. Heybye.
Speaker 4 (13:01):
Brian Mudd in for Clay and Buck.
Speaker 6 (13:04):
Stay on top of election use with twenty four from
Clay and Buck, a weekly podcast you can find on
the free iHeartRadio app or wherever you get your podcasts.
Speaker 2 (13:15):
I would expect that we will see Worriam deals announced
over the next few days. There are some deals that
are in process.
Speaker 3 (13:25):
Yeah, so that Treasury Secretary Scottvisson again, he was on
with Maria Bartiromo this morning and on the trade deals
Brian Mudd in for Clay and Buck and a couple
of things that have been just incredible. And I am
going to end up getting to the tax situation and
what it means to you. We're actually going to have
Jimmy a little bit later, Jimmy Patrona's that we just
(13:46):
had on but he and a mentioning to me, it
looks like he keen Jefferies is going to wrap up
his last stand here somewhere around one thirty or so
and then they're going to be ready to vote on
the Act on President Trump's big full bill. So wanted
to to go ahead and touch base with him and
see what exactly is going on. But when you take
(14:06):
a look at the situation on trade, the deal in Vietnam,
a lot of people go Vietnam who cares well. The
first thing would says, take a look at where your
your clothes are made and see how much you have
in your drawer that is made in Vietnam. And so
they're actually a really big trade partner. But the second
piece of it is what it means going forward. But
(14:26):
Sen was talking about, Hey, you're going to see all
these trade deals rolled out. So Trump already got China where.
Speaker 4 (14:31):
He wants them.
Speaker 3 (14:33):
He the England Trade Deal, the UK Trade Deal took
effect on Monday. This Vietnam deal again, it's just unbelievable
because they charged US large tariffs before, and previously we
charged them nothing. Now it's the exact opposite. US companies
can sell into Vietnam no charge, no tear. Now they
(14:54):
coming into the US twenty percent. And it's all part
and why I mean a complete reversal, that's because Trump asked,
because he said, this is the way we're going to
do things now.
Speaker 4 (15:07):
And so it's.
Speaker 3 (15:08):
Details like that that equal hundreds of billions of dollars
a year in revenue to the treasury. That, by the way,
as we talk about debts and deficits with the BBB,
will help minimize the impact of that. But it's also
that much less future tax liability. The things that he
does every step of the way to save you money
(15:29):
and to put us into a better place. But as
we are taking a look at your wallets, getting a
big break, tay to look at Hi King Jefferies right
now as he wipes his mouth, see about done?
Speaker 4 (15:42):
Or is he about to get sick?
Speaker 3 (15:44):
As Jimmy was saying, not looking so good, not looking
as strong as Sparty. I'm not sure as fasting when
as well going into this. But anyway, when we take
a look at what this means to you, it's a
heck of a lot of money. It's a heck of
a lot of money to you, it's a heck of
a lot of money to your family. And so I'm
going to end up breaking down quite specifically coming up next,
(16:07):
exactly what this is going to look like per taxpiler,
per family, who benefits, how much, Because the roundtrip impact
of this bill is so much more than I think
even the average person begins to understand, you're going to
end up almost certainly being a much better off. So
got all that coming up for you, and that'll be
next right here.
Speaker 4 (16:28):
On Claim buck b I mudd in for claim buck.
Speaker 7 (16:30):
This runs directly contrary to what President Trump indicated in January,
which was that he was going to love and cherish medicaid.
Nothing about this bill loves and cherishes medicaid.
Speaker 4 (16:44):
It guts medicaid for slux, it guts it for slugs.
Speaker 3 (16:51):
That's the only hikeem Jeffries. He is making the most
out of his magic minute. He has officially set the
w record for the longest use of what's known as
a magic minute by the it's a House procedure, so he's.
Speaker 4 (17:08):
Now spoken longer than McCarthy record.
Speaker 3 (17:11):
Is a It's an interesting dynamic right now, Brian Mudd
in for a claim buck, because you had Maxie Waters
recently approached the podium and so right next to Hakeem Jeffries,
who is still going at it, although he has been
reaching for his mouth a lot recently, he's been going
(17:33):
for water more frequently recently. You have Maxine Waters that
looks to be I don't know, about three feet away
from him, maybe maybe two. And I'm wondering at this
point all the Democrats are standing now as well, So
I'm wondering if it didn't get to the point where
it's like even the Democrats are okay, Hikeem. So like
(17:54):
you set your record, We're going to send Maxine to
stare at you. She's gonna stand next to you and
stare at you until you're done here. I think it
might be a subtle maneuver by the House Minority group
to try to get hikem to wrap it up.
Speaker 4 (18:14):
But he's still going.
Speaker 3 (18:15):
He's still at some point we do anticipate here at
the NASU distance, we are actually going to get to
the vote that is going to give your wallet a
big break. Okay, so you've heard a lot of lies
about what the BBB actually means. You heard, hikem it's
all about the billionaires. They really don't have any any
(18:36):
new tricks. It's like, man, that playbook is old and dusty.
Speaker 4 (18:40):
So here we are.
Speaker 3 (18:42):
You know, the the burn he huffed, he puffed. You
had pocahonas she whined that all went down the Senate
aoc She still sounds like she's thirteen. Hakeem and the
throes of his last stand. Here you had in the sinning.
You know Tom Tillis and Susan Collins that did side
(19:02):
with the slugs. You know, those who don't believe in
medicator snap work requirements. Just who's a cute little illegal immigrant?
Oh you are here, have some food stamps in Medicaid.
But anyway, through kill version of House Freedom Caucus members
(19:23):
at the White House yesterday, it does look like we
are on the precipice of passing President Trump's One Big
Beautiful Bill Act, or the Act as it happens to be.
Because of Final Act of pettiness. You probably heard about
this in a last minute maneuver when it was being
(19:44):
passed out of the Senate. Yet a maneuver that was
so petty. It was only something that Chuck Schumer would do,
you know, just prior to the final Senate vote, good
old Chuck You Schumer, as a rush often would say,
he forced a motion to rename the One Big Beautiful
Bill Act the Act by invoking a section of the
(20:07):
Bird Rule. It's one of the arcane Senate rules that
named after the former Democrat KKK organizer turned longtime senator
that they now think is great. So anyway, Chuck You
then literally went on to say that because of the
formerly esthetically pleasing Act, people are going to get sick
(20:28):
and die. People are going to get sick and die,
and you're going to have hungry kids, and you know
it's the whole you know, Republicans want your kids to starve.
So I actually think there's a far better chance to
like people get sick and maybe like seriously ill, just
by listening to Chuck and hikeem. By the way, well
(20:54):
it does look like speaking of Hickem in real time,
I think he's done.
Speaker 4 (20:57):
Oh, he's done.
Speaker 3 (20:57):
Everybody all it's a heroes welcome. You ever noticed just
how ugly those people are. It's just I don't mean
to be offensive. It's like, you take a look. You
have all this great senior leadership of Democrats that are
now hugging Hakeem.
Speaker 4 (21:12):
Oh you are, You're great? That is that is a
motley bunch of people right there.
Speaker 3 (21:17):
I always said, there's nothing about hate that age as well,
you know, just it's not attracted, which, by the way,
AOC not going to go so well, although I'm not
sure she actually really just words coming out of her mouth.
But nevertheless, what does this actually mean to you? Well,
the whole thing is huge money to you. If you
remember during the debate and the lead up to President
(21:39):
Trump's twenty seventeen tax cut in Jobs Act, remember how
you were routinely lied to by the fake news. Remember
how you were told that only tax cuts for the rich,
higher taxes for you.
Speaker 4 (21:52):
You know, one of the things.
Speaker 3 (21:53):
I thought was was so instructive, just how pervasive the mind.
Speaker 4 (22:00):
Washing of most Americans was.
Speaker 3 (22:03):
You had, even after the tax cuts had kicked in,
pulling from NBC News in the Wall Street Journal showing
that only seventeen percent of Americans thought they were getting
tax break again. They had already started to kick in,
but they had been allied to you for so long,
and you still had your godless souls in slanders news
media that still had enough influence apparently with people that
(22:25):
only seventeen percent actually thought they were getting one. In reality,
over eighty percent of Americans saw tax break from the
Tax Cutting Jobs Act. What was the average savings twenty
one hundred dollars per filer within the first year, By
the way, it's a number only grown a lot bigger
over the past seven and a half years. And surprise, surprise,
(22:48):
you have the line that is the exact same thing,
I mean, same playbook from them, right, So this is
gonna be horrible for you.
Speaker 5 (22:56):
It is.
Speaker 3 (22:57):
It's the screw You Act, and you know, just for
the billionaires. But let's start with the bottom line. The
one big, potentially aesthetically pleasing bill, it is huge for
you in your household. So first of all, it makes
permanent the original Trump tax cuts with individual tax reductions
(23:23):
for the twenty two percent average filer. Twenty two percent, Now,
how much money you start breaking this stuff out for
households by the time you take a look at child
tax credits, the nominal rate reductions, the average number of
people that file in the home, all these things. You
know what actually is because a lot of the numbers
have been thrown out there don't factor in all of
(23:46):
the tax savings. If you break out what the tax
savings per household the file taxes is, you're at thirty
nine hundred bucks. Thirty nine hundred dollars. The wait, there's more.
Eighty four percent of households are going to see additional
(24:07):
tax cuts beyond the current policy. I mean, ninety one
percent will get some kind of benefit, but eighty four
percent stand to benefit by an additional twenty nine hundred
bucks annually when this passes. Come next year, another twenty
nine hundred bucks in tax savings for you and your family.
(24:28):
So here's what's actually on the line, and people will
throw numbers out there talk about all the For the
average household in this country, the round trip on this
deal is sixty eight hundred dollars. If you had the
tax increase from having the Trump tax cuts expire and
(24:49):
then also not the benefit of the additional tax cuts here,
you round trip would be out sixty eight.
Speaker 4 (24:58):
Hundred bucks next year family average household in this country.
Speaker 3 (25:03):
That comes from beef up, beats up, child tax credit,
no federal taxes on tips, over time, higher standard deductions,
real money, real savings coming right down the line.
Speaker 4 (25:14):
And one of the really big ones seniors.
Speaker 3 (25:16):
You know, one of the things that Trump of course,
it was a no tax on tips, no tax on
over time.
Speaker 4 (25:22):
And along the way he said, and no.
Speaker 3 (25:25):
No tax on Social Security either. It was kind of
like one of those and we'll throw that into it.
So it's not explicitly that way, but the way that
it did end up getting put in here pretty much
works that way. So seniors over sixty five get a huge.
Speaker 4 (25:42):
Boost, get a huge boost.
Speaker 3 (25:44):
Six thousand dollars added to the standard deduction. So what
does that mean. Well, for the average senior over sixty
five comes out to just over one thousand bucks per
year in savings. So married filing jointly both over sixty five,
(26:04):
that's another about two thousand bucks in your pocket. And
for almost all seniors, it wipes out effectively the tax
liability from Social Security. So you pretty much delivered on
it that way too. Things that people don't know about,
you have an American made car, you get an not alone, yeah,
deduction that'll average four hundred and seventy five dollars a year,
(26:25):
and savings on that next year the standard deduction. You know,
almost everybody uses the standard deduction. Now is one of
the ways that the first Trump tax law ended up
closing so many of the loopholes, so many of the
deduction loopholes. Ninety one percent of taxpayers use the standard deduction.
Speaker 4 (26:44):
Well, that's going up.
Speaker 3 (26:45):
That goes up next year one thousand dollars for individuals
and for married couples, So pretty much everybody sees some
kind of benefit. But again for over eighty percent of people,
over eighty percent of households, we're talking tout the benefit
being into the thousands, over two thousand dollars per year.
Speaker 4 (27:06):
So it's absolutely huge money for you.
Speaker 3 (27:10):
And so what is actually on the line with this vote.
It's the choice between a thirty nine hundred dollars tax
increase if you let the Trump tax policy expire, or
an additional twenty nine hundred dollars tax cut. Now, let
me ask you how many people you can do man
(27:31):
on the street stuff. You can go to your average Democrat.
All right, guys, you can probably go to AOC, don't
tell her it's actually about this law, this bill by
the way him he is done. You have Mike Johnson,
a House speaker that is now up looks like he's
calling for the vote. So we are going to get
under with the vote, and we probably are before the
(27:53):
end of the show going to have the conclusion to
the one big beautiful Bill Act the vote on that.
So stand by for news and we'll break it. We'll
bring you all the breaking news on this. So you know,
like even AOC, you get AOC outside of the House, Hey,
(28:14):
you want like a thirty nine hundred dollars tax increase
or would you like an additional twenty nine hundred dollars
tax cut? Even I think AOC, if you just don't
tell her how it happens, is going to go, oh yeah, yeah,
I would like that. Anybody who's honest is going to
tell you that. So, as always, there are two sides
of stories, one side of facts, the one big potentially
(28:39):
aesthetically pleasing act. It saves you money, it ends up
delivering relief almost entirely across the board. And the great
irony is you know they're actually five percent of people
that ended up paying more under the Trump tax law,
the twenty seventeen law. You know who those people are, billionaires,
(29:01):
wealthy people. They were able to make use of standard
or make use of deductions that they can't make use
of anymore when they were closing loopholes. So yeah, the
only people who actually ended up paying more were the
wealthiest people's.
Speaker 4 (29:16):
The exact opposite of what was being said.
Speaker 3 (29:19):
As we are on watch here with House Speaker Mike
Johnson getting ready for the vote.
Speaker 4 (29:25):
Brian Mudd in for Clay and Buck.
Speaker 1 (29:28):
Twenty four Clay and Bucks Weekly Campaign Cliff Notes episodes
dropped Sundays at noon Eastern on the free iHeartRadio app
or wherever you get your podcasts.
Speaker 8 (29:38):
Can they continue to spend this lie that Republicans are
eliminating Medicare and Medicaid?
Speaker 5 (29:43):
Let me be clear.
Speaker 8 (29:44):
If you are an able bodied male or female who
can go to work, or you're an illegal alien who
is criminally here, then why should you be getting paid
for my tax payers on Medicare and Medicaid?
Speaker 3 (29:54):
Yeah, just say notice, slugs, Just say no to slugs.
That Congressman Corey Mills not with Jesse Waters last night.
And you know I don't have any particular version to
like you're running the mill slug, but I do have
a strong version like your average able bodied take advantage
of uncles and kind of selug. Do you have a
(30:15):
big issue with those kinds of slugs? Brian m in
for clean back and we are on standby for the
House vote. After Hakeem Jefferies did his best Spartacus impersonation
with his magic men is sitting so proud he set
a record for the longest magic minute used in the House.
(30:37):
You have House Speaker Mike Johnson right now that is
delivering his impassioned re response as he gets ready to
call in the vote for the One Big Beautiful Bill Act.
Speaker 4 (30:50):
And we should have a vote, hopefully before the end
of show.
Speaker 3 (30:53):
Looks like there's a very good chance that's going to
be the case, unless you have some people I want
to play drama again, they have to hold the vote open.
But that doesn't seem like it's going to go down
that way. So about the whole slug thing in the
grand scheme of there being like really awful people who
say really awful things the whole You're going to die
because of the Medicaid and snap cuts is as offensive
(31:17):
in so many incredible ways. Question for you, I mean
just not not a terribly complicated thing. Do you believe
do you believe that able bodied people of working age
to do I don't know, at least twenty hours of
anything constructive with their lives during a gain a week, anything,
(31:37):
pretty much. You get off your couch, you stop eating
bombbonds for twenty hours during the course of a week,
You're good. You keep your Medicaid in your food stamps.
You don't do that, You pay for your own bomb bonds.
And do you think that's going to kill them? By
the way, that is what we are talking about with
(31:58):
the Medicaid and snapworker. And so this is the language
in the one big, potentially aesthetically pleasing bill Act that
is getting ready to be voted on for Medicaid. For Medicaid,
able bodied adults between the ages of nineteen to sixty
(32:22):
four must work, volunteer, or participate in job training or
educational activities for at least eighty hours per month and
about twenty hours per week. Okay, work volunteer, participating job training, like,
(32:42):
pretend that you're trying to get a job, education anything,
Get off your butt, eighty hours per month twenty hours
per week. I don't know how you accidentally wouldn't be
productive for twenty hours a week. By the way, exceptions
for pregnant women and the visuals of disabilities, medically frail,
foster youth under twenty six goes on and on, and
for SNAP the only difference it's eighteen two sixty five,
(33:05):
and the exceptions include parents or household members with dependent
kids seven or younger. So yeah, slugs, that is it.
Those are the only people that will be cut out
of Medicaid or SNAP if this goes through. And they
don't think it'll kill them to get off their couch,
stop eating some bomb bonds and do I don't know
just about anything constructive with their lives probably be good
(33:28):
for them.
This bill.
Speaker 2 (00:01):
Over the next year, we are going to see growth
like we have not seen. And importantly, it is going
to be non inflationary growth, which is something that Democrats
couldn't do.
Speaker 3 (00:14):
Treasury Secretary of Scott Basset, he was on with Murray
Brock Tromo Bock's business this morning.
Speaker 4 (00:20):
And we are going to unleash growth.
Speaker 3 (00:23):
We are already seeing the lowest inflation we've had since
basically Trump was last president. And yeah, we are going
to see in time for independence, say a big beautiful
bill on President Trump's desk, or at least the act
that was previously known as the BBB as soon as
Hakeem Jeffries gets done doing his thing, his sparty impersonation
(00:44):
right now. He was apparently motivated by Corey Booker and
he is making his last stand. And somebody who's joining us,
Brian Mudd in for Clay and Buck. Somebody who's joining
us has been entertained by today's festivities. I'm sure Congressman
Jimmy Patrona is joining us now. Jemmy, how's it been
taking in the festivities with haikm today?
Speaker 5 (01:08):
I would rather have root canals without any Nova Kane.
This has been the biggest, colossal waste of time. We
are delaying savings and benefits to the American taxpayer right
now with ridiculous you know, shows like this right now.
Hakeem has been up there now since three point thirty
(01:28):
in the morning. We've all been awake watching this, and
it's all because he wants to break Kevin McCarthy's record
for speaking the longest on the flour NonStop. This is
this is the type of red like the Congress.
Speaker 3 (01:42):
Hey, Jeffy, you were saying that it looks like it's
it's about to come to close right around one thirty.
Speaker 5 (01:48):
Yeah, that's that's what That's what we're anticipating. But who
he's going to go And look, I didn't mean to
go off on you just like that, but Brian, you're
you're my pal, and I think I can be canned
with you and in the public doesn't deserve this type
of ridiculousness.
Speaker 3 (02:05):
Now, you're you're I think right on point. I think
he kind of captured the field of the thing.
Speaker 5 (02:09):
You know.
Speaker 3 (02:09):
The only thing I'm impressed by is just the lack
of a need for a bathroom break. You know, I
could stand up there and throw my arms a ran
rave two. But you know it's it's impressive. I don't
know if he did the fasting thing like Sparti did
in the Senate, but you know, you got to get
the guy credit at least for not needing to make
a pit stopper too.
Speaker 5 (02:25):
Well, I tell you, he does not look good from
the time he has started at the time he is now.
You can see he keeps on patent himself. He does
not look good. He looks pale. So anyway, I'm sure
he's tired, you know, good for him. I have no
idea what he's been talking about.
Speaker 3 (02:45):
All right, Jimmy, So a couple of things. First about
Jimmy Patron is he He is a congressman from Florida.
He took over the Matt Gates seat in the special
election recently, uh previous that was Florida's CFO. And Jimmy,
the reason I wanted to talk to you today. You
(03:06):
got a lot of us that are fiscal conservatives. You
got a lot of us that take a look at debt,
the federal deficit, the federal debt, and we're like, you
know what, the BBB doesn't look like such a beautiful
thing when you see some of these projections, and even
if the CBO stuff doesn't factor in enough growth, what
have you. I mean, he's still kind of hard to
get from here to there and feel good about it.
From a fiscal conservative perspective, I mean, tax stuff is awesome,
(03:30):
you know, takeing care of border and all the illegal
immigration nonsense.
Speaker 4 (03:34):
I mean, so much good in here.
Speaker 3 (03:36):
But I mean when we do still have a bill
that has you know, illegal immigrants, criminal illegal immigrants being
able to get access to medicaid, I mean, you do
kind of scratch your head with some of this stuff.
Speaker 4 (03:46):
So what I want you to be able to do.
Speaker 3 (03:49):
Is, from the perspective, put yourself back in your old shoes.
I know you're getting ready to vote in favor of
the act here momentarily, but I want you to put
yourself back in your cf poshoes of the third largest
day in the country that has a balanced budget. As
someone who I know is is deeply convicted as a
fiscal conservative, and I want you to tell us why
(04:14):
you're voting for this and also why those of us
who are physical conservatives that are concerned maybe shouldn't.
Speaker 5 (04:20):
Be so the one and I think it's probably the
ones that are the easiest for people to understand, whether
we talk about the no tax on tips or the
no tax from overtime. Now, that may not necessarily affect
some of your listeners because maybe they're in a salary position,
But as somebody who's coming out of the service industry,
(04:41):
and I think about how in the state of the
affoord of how big of a service driven market that
we are. Now you're basically giving probably the biggest tax
break in the history of America to that middle class
that has never seen that type of ability to keep
their own money in their pocket and spend it. Also,
(05:02):
it's that particular class of individual that has been hurt
the most by the increase in inflation. So I truly
think the presidents he was on the campaign trail, he
heard the struggles that people were having in the service industry,
and oh gosh, why not let's make no tax on tips.
So it became a little bit of a novelty. I mean, look,
(05:24):
it's almost like a little bit of a one off
over some of the other messing that the President's got.
He keeps his message pretty simple, so the average person
can understand. So those two issues, look, you can't bring
them out of the ground without having the ability to
pay for it, because it's got to get started before
it takes through. The President's so passionate about getting this
(05:46):
bill signed as soon as possible because he learned last
time with the Trump tax cuts, they signed them too late.
And most people, if they reflect on how prosperous our
country was in twenty nineteen, team the President wants to
get back to those days. Unfortunately, now we're fighting with
this new inflation, it's new cost of business that we
(06:08):
inherited from the Biden administration over the last four years.
So you know, I'm giving my trust to the President
on what he sees as an opportunity to just really
supercharge money back into the wallet of that middle class.
Speaker 3 (06:24):
So am I to take you then that you know
the whole deat and deficit thing, you're on the tact
that you.
Speaker 4 (06:31):
Believe we're going to grow our way out of this.
Speaker 5 (06:35):
Part of it will be growth. Now here's the other thing.
So you know, there's been a lot of hard feelings
towards the CBO and how this has been scored and
how far off and how wrong they were with the
last Trump tax cuts. In the conservative nature of why
they feel that the debt ceiling is needed to be
(06:56):
increased in order to accommodate this. So we really feel
like there's gonna be some consistency in their bad predictions
that are going to ultimately reflect to the good of
the bottom line of the American taxpayer. Like I'm not,
I'm not thrilled with it, but you know, as as
i'm I'm a believer that what Mike Johnson is telling
(07:17):
us what our plans are between now, it's it's a
four year plan to try to do what we want
to do under the Trump administration, to get to the
balanced budget that we want to get to. You know,
this these priorities of the president right now, then we
put into motion first in order to get our economy
back where it should be.
Speaker 3 (07:36):
All right, So Jimmy kind of walk us through this
past day. You know, we had members of the House
Freedom Caucus they're like, no way, you know, coming out
of the Senate, absolutely no way.
Speaker 4 (07:45):
You take a look at.
Speaker 3 (07:47):
You know, there having been one vote that that passed
this thing out of the House in the first place,
and and then you know what what was being said
coming back the other way. So what is your understanding
of what went down the White House yesterday.
Speaker 4 (07:59):
What was said with the president.
Speaker 3 (08:01):
What has theoretically made this difference that we are on
the precipice passing this.
Speaker 5 (08:07):
Well, I think part of it was is Thomas Massey
pleading to the President saying, look, I'll vote for this
thing if you stop beating up on me. I mean,
so you definitely you've got a number. It's a rule
of numbers, you know, Brian. You know if you got
one hundred people in the room that you're going to
be ten percent of them are're gonna be all about themselves.
And so as you get these members of Congress who
(08:30):
you know, have a base that they cater to, and
this is the way they communicate to them. This is
how they community consume their news. You know. Part of
it is is taking these positions that are contrary, which
some of which have some merit to them. But you know,
you can't go and kill this bill with what the
(08:50):
Trump tax cuts alone mean to small businesses and being
able to allow the taxpayer to keep their money. We
don't want to increase taxes on people. Think this build
does You're increasing tax on people? You know, these guys
had to come to their senses. But it was crazy.
I mean, we didn't get them all on board till
three o'clock in the morning, you know, I mean really,
(09:11):
I mean, you knew you were going to get here.
But you know, we're gonna, you know, try to do
as much social media and TV as we possibly can
to drum up as much attention for ourselves to ultimately
get to the place where we knew we were going
to get all along. So it's you know, it's it's
just part of how things roll up here sometimes.
Speaker 4 (09:30):
So Massy, uh, Massy literally went pleading to the president.
Speaker 5 (09:34):
Huh, that's what I was told, So I or that
it was a conversation that took place. And look, you know,
I'll come around if you just stop beating up on me.
And look, this was the president of the President can
repose as good as anybody. And I'm sorry the American
public wants his campaign promises completed. You know, there's some
(09:58):
things of the bill that probably, you know, like you
said earlier, with regarding the increase of the debt sell
they're going to have those detractors that I'm not thrilled
about it, but this is a pathway to get what
the president promised on the campaign trail, and man, I
get excited about man the cop, the firefighter. Now they're
not going to have to pay taxes on their overtime.
(10:19):
You know, these are the same guys that you know
are going to come show up for our house when
you down nine one one you've got an emergency. These
are the same guys, two of which just got gunned
down out on the West coast. You know, respondence, I mean,
these people put their lives on the line. You know,
I have no problem at all letting them be exempt
from you know, income tax or taxes on their overtime.
Speaker 3 (10:40):
All right, Jrevin, good stuff. So any doubt about how
this vote goes down just a little bit.
Speaker 5 (10:45):
No, Look, I think we're gonna have some anxiety. At
least we're going to be voting during daylight hours. But look,
last night we had members that went back to their districts.
So that's anothering that dragged things. We had actually went
out and they were hiding because they didn't want to
face the music on dealing with arguing their position on
(11:07):
this legislation. So I mean, yeah, look, if you don't
like making tough decisions, man, you probably shouldn't have put
your name on the ballot. So you know, time is
the most precious thing we got and we have wasted
an enormous amount of it with foolishness over the last
seventy two hours.
Speaker 4 (11:23):
You know, memory serves here.
Speaker 3 (11:25):
You are Clay's congressman, at least, you know, part time
congressman right his home and the Panhandle where he is
right now.
Speaker 4 (11:33):
Actually I'm sorry which one, Clay? Yeah, no, you're got
you're I think.
Speaker 5 (11:40):
Yeah, he's there right now. You know what, I hope
he's spending an enormous amount of money in Northwest Florida
enjoying the world's most beautiful beaches. And yeah, he did
a hill on TV the other day and he was
gushing about, you know, enjoying the Panhandle while we were
up here facing the monsoons. So yeah, he'll actually he goes.
(12:00):
He used to go into the old iHeart station that
I was in for a while when he did a
show remotely up there.
Speaker 4 (12:06):
Good stuff, Yeah, no doubt.
Speaker 3 (12:09):
And a much better representation that Clay has than May
I have. Unfortunately, the same House representation that the President does,
which is Lois Frankel.
Speaker 4 (12:19):
Nobody wins in that deal, you know.
Speaker 5 (12:21):
But you're it is so cool to note that I'm
talking to you and you're doing fill in on Clay
and Bucks show. I mean, that just shows you where
you have taken your career and how effective you are
communicating what's important to the listeners. So I mean, and
you think about important that family of listeners is, and
for them to entrust you with their listeners, God bless you, dude,
(12:45):
that's a heck of a damn accomplishment. I'm proud to
call your friend.
Speaker 4 (12:49):
Well, God bless you.
Speaker 3 (12:51):
I've lived a career on the periphery people far more
impressive than myself. So anyway, Jimmy, God bless You'll look
forward to the vote. Talk to you soon, see buddy,
take care. Heybye.
Speaker 4 (13:01):
Brian Mudd in for Clay and Buck.
Speaker 6 (13:04):
Stay on top of election use with twenty four from
Clay and Buck, a weekly podcast you can find on
the free iHeartRadio app or wherever you get your podcasts.
Speaker 2 (13:15):
I would expect that we will see Worriam deals announced
over the next few days. There are some deals that
are in process.
Speaker 3 (13:25):
Yeah, so that Treasury Secretary Scottvisson again, he was on
with Maria Bartiromo this morning and on the trade deals
Brian Mudd in for Clay and Buck and a couple
of things that have been just incredible. And I am
going to end up getting to the tax situation and
what it means to you. We're actually going to have
Jimmy a little bit later, Jimmy Patrona's that we just
(13:46):
had on but he and a mentioning to me, it
looks like he keen Jefferies is going to wrap up
his last stand here somewhere around one thirty or so
and then they're going to be ready to vote on
the Act on President Trump's big full bill. So wanted
to to go ahead and touch base with him and
see what exactly is going on. But when you take
(14:06):
a look at the situation on trade, the deal in Vietnam,
a lot of people go Vietnam who cares well. The
first thing would says, take a look at where your
your clothes are made and see how much you have
in your drawer that is made in Vietnam. And so
they're actually a really big trade partner. But the second
piece of it is what it means going forward. But
(14:26):
Sen was talking about, Hey, you're going to see all
these trade deals rolled out. So Trump already got China where.
Speaker 4 (14:31):
He wants them.
Speaker 3 (14:33):
He the England Trade Deal, the UK Trade Deal took
effect on Monday. This Vietnam deal again, it's just unbelievable
because they charged US large tariffs before, and previously we
charged them nothing. Now it's the exact opposite. US companies
can sell into Vietnam no charge, no tear. Now they
(14:54):
coming into the US twenty percent. And it's all part
and why I mean a complete reversal, that's because Trump asked,
because he said, this is the way we're going to
do things now.
Speaker 4 (15:07):
And so it's.
Speaker 3 (15:08):
Details like that that equal hundreds of billions of dollars
a year in revenue to the treasury. That, by the way,
as we talk about debts and deficits with the BBB,
will help minimize the impact of that. But it's also
that much less future tax liability. The things that he
does every step of the way to save you money
(15:29):
and to put us into a better place. But as
we are taking a look at your wallets, getting a
big break, tay to look at Hi King Jefferies right
now as he wipes his mouth, see about done?
Speaker 4 (15:42):
Or is he about to get sick?
Speaker 3 (15:44):
As Jimmy was saying, not looking so good, not looking
as strong as Sparty. I'm not sure as fasting when
as well going into this. But anyway, when we take
a look at what this means to you, it's a
heck of a lot of money. It's a heck of
a lot of money to you, it's a heck of
a lot of money to your family. And so I'm
going to end up breaking down quite specifically coming up next,
(16:07):
exactly what this is going to look like per taxpiler,
per family, who benefits, how much, Because the roundtrip impact
of this bill is so much more than I think
even the average person begins to understand, you're going to
end up almost certainly being a much better off. So
got all that coming up for you, and that'll be
next right here.
Speaker 4 (16:28):
On Claim buck b I mudd in for claim buck.
Speaker 7 (16:30):
This runs directly contrary to what President Trump indicated in January,
which was that he was going to love and cherish medicaid.
Nothing about this bill loves and cherishes medicaid.
Speaker 4 (16:44):
It guts medicaid for slux, it guts it for slugs.
Speaker 3 (16:51):
That's the only hikeem Jeffries. He is making the most
out of his magic minute. He has officially set the
w record for the longest use of what's known as
a magic minute by the it's a House procedure, so he's.
Speaker 4 (17:08):
Now spoken longer than McCarthy record.
Speaker 3 (17:11):
Is a It's an interesting dynamic right now, Brian Mudd
in for a claim buck, because you had Maxie Waters
recently approached the podium and so right next to Hakeem Jeffries,
who is still going at it, although he has been
reaching for his mouth a lot recently, he's been going
(17:33):
for water more frequently recently. You have Maxine Waters that
looks to be I don't know, about three feet away
from him, maybe maybe two. And I'm wondering at this
point all the Democrats are standing now as well, So
I'm wondering if it didn't get to the point where
it's like even the Democrats are okay, Hikeem. So like
(17:54):
you set your record, We're going to send Maxine to
stare at you. She's gonna stand next to you and
stare at you until you're done here. I think it
might be a subtle maneuver by the House Minority group
to try to get hikem to wrap it up.
Speaker 4 (18:14):
But he's still going.
Speaker 3 (18:15):
He's still at some point we do anticipate here at
the NASU distance, we are actually going to get to
the vote that is going to give your wallet a
big break. Okay, so you've heard a lot of lies
about what the BBB actually means. You heard, hikem it's
all about the billionaires. They really don't have any any
(18:36):
new tricks. It's like, man, that playbook is old and dusty.
Speaker 4 (18:40):
So here we are.
Speaker 3 (18:42):
You know, the the burn he huffed, he puffed. You
had pocahonas she whined that all went down the Senate
aoc She still sounds like she's thirteen. Hakeem and the
throes of his last stand. Here you had in the sinning.
You know Tom Tillis and Susan Collins that did side
(19:02):
with the slugs. You know, those who don't believe in
medicator snap work requirements. Just who's a cute little illegal immigrant?
Oh you are here, have some food stamps in Medicaid.
But anyway, through kill version of House Freedom Caucus members
(19:23):
at the White House yesterday, it does look like we
are on the precipice of passing President Trump's One Big
Beautiful Bill Act, or the Act as it happens to be.
Because of Final Act of pettiness. You probably heard about
this in a last minute maneuver when it was being
(19:44):
passed out of the Senate. Yet a maneuver that was
so petty. It was only something that Chuck Schumer would do,
you know, just prior to the final Senate vote, good
old Chuck You Schumer, as a rush often would say,
he forced a motion to rename the One Big Beautiful
Bill Act the Act by invoking a section of the
(20:07):
Bird Rule. It's one of the arcane Senate rules that
named after the former Democrat KKK organizer turned longtime senator
that they now think is great. So anyway, Chuck You
then literally went on to say that because of the
formerly esthetically pleasing Act, people are going to get sick
(20:28):
and die. People are going to get sick and die,
and you're going to have hungry kids, and you know
it's the whole you know, Republicans want your kids to starve.
So I actually think there's a far better chance to
like people get sick and maybe like seriously ill, just
by listening to Chuck and hikeem. By the way, well
(20:54):
it does look like speaking of Hickem in real time,
I think he's done.
Speaker 4 (20:57):
Oh, he's done.
Speaker 3 (20:57):
Everybody all it's a heroes welcome. You ever noticed just
how ugly those people are. It's just I don't mean
to be offensive. It's like, you take a look. You
have all this great senior leadership of Democrats that are
now hugging Hakeem.
Speaker 4 (21:12):
Oh you are, You're great? That is that is a
motley bunch of people right there.
Speaker 3 (21:17):
I always said, there's nothing about hate that age as well,
you know, just it's not attracted, which, by the way,
AOC not going to go so well, although I'm not
sure she actually really just words coming out of her mouth.
But nevertheless, what does this actually mean to you? Well,
the whole thing is huge money to you. If you
remember during the debate and the lead up to President
(21:39):
Trump's twenty seventeen tax cut in Jobs Act, remember how
you were routinely lied to by the fake news. Remember
how you were told that only tax cuts for the rich,
higher taxes for you.
Speaker 4 (21:52):
You know, one of the things.
Speaker 3 (21:53):
I thought was was so instructive, just how pervasive the mind.
Speaker 4 (22:00):
Washing of most Americans was.
Speaker 3 (22:03):
You had, even after the tax cuts had kicked in,
pulling from NBC News in the Wall Street Journal showing
that only seventeen percent of Americans thought they were getting
tax break again. They had already started to kick in,
but they had been allied to you for so long,
and you still had your godless souls in slanders news
media that still had enough influence apparently with people that
(22:25):
only seventeen percent actually thought they were getting one. In reality,
over eighty percent of Americans saw tax break from the
Tax Cutting Jobs Act. What was the average savings twenty
one hundred dollars per filer within the first year, By
the way, it's a number only grown a lot bigger
over the past seven and a half years. And surprise, surprise,
(22:48):
you have the line that is the exact same thing,
I mean, same playbook from them, right, So this is
gonna be horrible for you.
Speaker 5 (22:56):
It is.
Speaker 3 (22:57):
It's the screw You Act, and you know, just for
the billionaires. But let's start with the bottom line. The
one big, potentially aesthetically pleasing bill, it is huge for
you in your household. So first of all, it makes
permanent the original Trump tax cuts with individual tax reductions
(23:23):
for the twenty two percent average filer. Twenty two percent, Now,
how much money you start breaking this stuff out for
households by the time you take a look at child
tax credits, the nominal rate reductions, the average number of
people that file in the home, all these things. You
know what actually is because a lot of the numbers
have been thrown out there don't factor in all of
(23:46):
the tax savings. If you break out what the tax
savings per household the file taxes is, you're at thirty
nine hundred bucks. Thirty nine hundred dollars. The wait, there's more.
Eighty four percent of households are going to see additional
(24:07):
tax cuts beyond the current policy. I mean, ninety one
percent will get some kind of benefit, but eighty four
percent stand to benefit by an additional twenty nine hundred
bucks annually when this passes. Come next year, another twenty
nine hundred bucks in tax savings for you and your family.
(24:28):
So here's what's actually on the line, and people will
throw numbers out there talk about all the For the
average household in this country, the round trip on this
deal is sixty eight hundred dollars. If you had the
tax increase from having the Trump tax cuts expire and
(24:49):
then also not the benefit of the additional tax cuts here,
you round trip would be out sixty eight.
Speaker 4 (24:58):
Hundred bucks next year family average household in this country.
Speaker 3 (25:03):
That comes from beef up, beats up, child tax credit,
no federal taxes on tips, over time, higher standard deductions,
real money, real savings coming right down the line.
Speaker 4 (25:14):
And one of the really big ones seniors.
Speaker 3 (25:16):
You know, one of the things that Trump of course,
it was a no tax on tips, no tax on
over time.
Speaker 4 (25:22):
And along the way he said, and no.
Speaker 3 (25:25):
No tax on Social Security either. It was kind of
like one of those and we'll throw that into it.
So it's not explicitly that way, but the way that
it did end up getting put in here pretty much
works that way. So seniors over sixty five get a huge.
Speaker 4 (25:42):
Boost, get a huge boost.
Speaker 3 (25:44):
Six thousand dollars added to the standard deduction. So what
does that mean. Well, for the average senior over sixty
five comes out to just over one thousand bucks per
year in savings. So married filing jointly both over sixty five,
(26:04):
that's another about two thousand bucks in your pocket. And
for almost all seniors, it wipes out effectively the tax
liability from Social Security. So you pretty much delivered on
it that way too. Things that people don't know about,
you have an American made car, you get an not alone, yeah,
deduction that'll average four hundred and seventy five dollars a year,
(26:25):
and savings on that next year the standard deduction. You know,
almost everybody uses the standard deduction. Now is one of
the ways that the first Trump tax law ended up
closing so many of the loopholes, so many of the
deduction loopholes. Ninety one percent of taxpayers use the standard deduction.
Speaker 4 (26:44):
Well, that's going up.
Speaker 3 (26:45):
That goes up next year one thousand dollars for individuals
and for married couples, So pretty much everybody sees some
kind of benefit. But again for over eighty percent of people,
over eighty percent of households, we're talking tout the benefit
being into the thousands, over two thousand dollars per year.
Speaker 4 (27:06):
So it's absolutely huge money for you.
Speaker 3 (27:10):
And so what is actually on the line with this vote.
It's the choice between a thirty nine hundred dollars tax
increase if you let the Trump tax policy expire, or
an additional twenty nine hundred dollars tax cut. Now, let
me ask you how many people you can do man
(27:31):
on the street stuff. You can go to your average Democrat.
All right, guys, you can probably go to AOC, don't
tell her it's actually about this law, this bill by
the way him he is done. You have Mike Johnson,
a House speaker that is now up looks like he's
calling for the vote. So we are going to get
under with the vote, and we probably are before the
(27:53):
end of the show going to have the conclusion to
the one big beautiful Bill Act the vote on that.
So stand by for news and we'll break it. We'll
bring you all the breaking news on this. So you know,
like even AOC, you get AOC outside of the House, Hey,
(28:14):
you want like a thirty nine hundred dollars tax increase
or would you like an additional twenty nine hundred dollars
tax cut? Even I think AOC, if you just don't
tell her how it happens, is going to go, oh yeah, yeah,
I would like that. Anybody who's honest is going to
tell you that. So, as always, there are two sides
of stories, one side of facts, the one big potentially
(28:39):
aesthetically pleasing act. It saves you money, it ends up
delivering relief almost entirely across the board. And the great
irony is you know they're actually five percent of people
that ended up paying more under the Trump tax law,
the twenty seventeen law. You know who those people are, billionaires,
(29:01):
wealthy people. They were able to make use of standard
or make use of deductions that they can't make use
of anymore when they were closing loopholes. So yeah, the
only people who actually ended up paying more were the
wealthiest people's.
Speaker 4 (29:16):
The exact opposite of what was being said.
Speaker 3 (29:19):
As we are on watch here with House Speaker Mike
Johnson getting ready for the vote.
Speaker 4 (29:25):
Brian Mudd in for Clay and Buck.
Speaker 1 (29:28):
Twenty four Clay and Bucks Weekly Campaign Cliff Notes episodes
dropped Sundays at noon Eastern on the free iHeartRadio app
or wherever you get your podcasts.
Speaker 8 (29:38):
Can they continue to spend this lie that Republicans are
eliminating Medicare and Medicaid?
Speaker 5 (29:43):
Let me be clear.
Speaker 8 (29:44):
If you are an able bodied male or female who
can go to work, or you're an illegal alien who
is criminally here, then why should you be getting paid
for my tax payers on Medicare and Medicaid?
Speaker 3 (29:54):
Yeah, just say notice, slugs, Just say no to slugs.
That Congressman Corey Mills not with Jesse Waters last night.
And you know I don't have any particular version to
like you're running the mill slug, but I do have
a strong version like your average able bodied take advantage
of uncles and kind of selug. Do you have a
(30:15):
big issue with those kinds of slugs? Brian m in
for clean back and we are on standby for the
House vote. After Hakeem Jefferies did his best Spartacus impersonation
with his magic men is sitting so proud he set
a record for the longest magic minute used in the House.
(30:37):
You have House Speaker Mike Johnson right now that is
delivering his impassioned re response as he gets ready to
call in the vote for the One Big Beautiful Bill Act.
Speaker 4 (30:50):
And we should have a vote, hopefully before the end
of show.
Speaker 3 (30:53):
Looks like there's a very good chance that's going to
be the case, unless you have some people I want
to play drama again, they have to hold the vote open.
But that doesn't seem like it's going to go down
that way. So about the whole slug thing in the
grand scheme of there being like really awful people who
say really awful things the whole You're going to die
because of the Medicaid and snap cuts is as offensive
(31:17):
in so many incredible ways. Question for you, I mean
just not not a terribly complicated thing. Do you believe
do you believe that able bodied people of working age
to do I don't know, at least twenty hours of
anything constructive with their lives during a gain a week, anything,
(31:37):
pretty much. You get off your couch, you stop eating
bombbonds for twenty hours during the course of a week,
You're good. You keep your Medicaid in your food stamps.
You don't do that, You pay for your own bomb bonds.
And do you think that's going to kill them? By
the way, that is what we are talking about with
(31:58):
the Medicaid and snapworker. And so this is the language
in the one big, potentially aesthetically pleasing bill Act that
is getting ready to be voted on for Medicaid. For Medicaid,
able bodied adults between the ages of nineteen to sixty
(32:22):
four must work, volunteer, or participate in job training or
educational activities for at least eighty hours per month and
about twenty hours per week. Okay, work volunteer, participating job training, like,
(32:42):
pretend that you're trying to get a job, education anything,
Get off your butt, eighty hours per month twenty hours
per week. I don't know how you accidentally wouldn't be
productive for twenty hours a week. By the way, exceptions
for pregnant women and the visuals of disabilities, medically frail,
foster youth under twenty six goes on and on, and
for SNAP the only difference it's eighteen two sixty five,
(33:05):
and the exceptions include parents or household members with dependent
kids seven or younger. So yeah, slugs, that is it.
Those are the only people that will be cut out
of Medicaid or SNAP if this goes through. And they
don't think it'll kill them to get off their couch,
stop eating some bomb bonds and do I don't know
just about anything constructive with their lives probably be good
(33:28):
for them.
The Clay Travis and Buck Sexton Show News
Hosts And Creators
Clay Travis
Buck Sexton
Show Links
WebsiteNewsletterPopular Podcasts
United States of Kennedy
United States of Kennedy is a podcast about our cultural fascination with the Kennedy dynasty. Every week, hosts Lyra Smith and George Civeris go into one aspect of the Kennedy story.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com